life reinsurance

The Prudential Regulation Authority (PRA) of the Bank of England has published a discussion paper to gather feedback on how the UK’s insurance special purpose vehicle (ISPV) or ILS structures can play a role towards bringing in alternative capital to support life risks and reinsurance in the UK.

Discussing the FundedRe trend for UK life insurers and pensions to source offshore reinsurance for their risks, Vicky White, the Director for Prudential Policy at the Prudential Regulation Authority (PRA) of the Bank of England, has highlighted the UK ILS structure and regulatory regime as one way that patient capital could be sourced and brought […]

According to senior executives at Reinsurance Group of America (RGA), the fee income flowing to the company from its third-party capitalised Ruby Re life reinsurance sidecar is already meaningful and while a new transaction was ceded to the sidecar in Q3 last year, the structure still had around two-thirds of its capital and capacity left […]

Farsight Partners, a specialist UK-based boutique advisory with a focus on life insurance-linked investment opportunities, has agreed a partnership with global alternative investment manager AB CarVal with up to $1 billion of life and health insurance related transactions in scope.

Ruby Re, Reinsurance Group of America’s (RGA) third-party life reinsurance sidecar, has now raised a total of $480 million in capital following the close of its second funding round, which is near the upper limit of the $400 million to $500 million target range for the Missouri-domiciled vehicle.

The life reinsurance industry in Bermuda has embraced the use of third-party capital structures and investor relationships, with sidecars now an established and growing feature of the market, Damian Cooper of PwC Bermuda explained in a recent video interview.

Daniel Loeb’s Third Point LLC has returned to the reinsurance market, but this time with a focus on the asset intensive life and annuity reinsurance space, launching a new company, Malibu Life Re, that will operate as a hybrid sidecar-like structure to begin, but with a strategy to expand and become market-facing to transact with […]

When it comes to designing a reinsurance sidecar structure for a life insurer, ensuring alignment is strong across all parties involved is critical, while trade-offs between a sidecar strategy and simply trading with traditional reinsurers must also be assessed, according to RGA (Reinsurance Group of America).

Reinsurance Group of America (RGA) intends to make its relatively recently launched third-party capital-backed life reinsurance sidecar company Ruby Reinsurance (Ruby Re) a core component of its more asset intensive business.

The US life insurance and reinsurance marketplace is increasingly focused on setting-up capital light reinsurance structures, while there is also growing appetite for sidecar structures to support capacity as well, analysts at Goldman Sachs have reported.